Purchase of Own Securities

Schroder UK Growth Fund PLC
6 June 2000


                         PURCHASE OF SHARES FOR CANCELLATION


Schroder UK Growth Fund plc announces that on 5 June 2000, the Company purchased
116,815 shares for cancellation, at an average price of 146.68 pence per share. 
Following the purchase, there are a further 206,268,853 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited              Tel: [phone]